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Access Co (TSE:4813) EBIT : 円395 Mil (TTM As of Jul. 2024)


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What is Access Co EBIT?

Access Co's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2024 was 円90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2024 was 円395 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Access Co's annualized ROC % for the quarter that ended in Jul. 2024 was 0.06%. Access Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 6.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Access Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 1.75%.


Access Co EBIT Historical Data

The historical data trend for Access Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Access Co EBIT Chart

Access Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 594.64 -2,353.36 -2,861.42 -2,600.19 -1.22

Access Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,428.98 -374.43 1,425.29 -746.07 89.81

Competitive Comparison of Access Co's EBIT

For the Information Technology Services subindustry, Access Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Access Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Access Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Access Co's EV-to-EBIT falls into.


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Access Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円395 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Access Co  (TSE:4813) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Access Co's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-374.668 * ( 1 - 102.66% )/( (16008.541 + 19323.275)/ 2 )
=9.9661688/17665.908
=0.06 %

where

Invested Capital(Q: Apr. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=27247.115 - 256.46 - ( 10982.114 - max(0, 4248.49 - 19209.282+10982.114))
=16008.541

Invested Capital(Q: Jul. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=29906.509 - 384.605 - ( 10198.629 - max(0, 5838.853 - 20859.642+10198.629))
=19323.275

Note: The Operating Income data used here is four times the quarterly (Jul. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Access Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=359.24/( ( (673.229 + max(3978.678, 0)) + (890.894 + max(4822.16, 0)) )/ 2 )
=359.24/( ( 4651.907 + 5713.054 )/ 2 )
=359.24/5182.4805
=6.93 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7342.748 + 274.019 + 610.401) - (256.46 + 0 + 3992.03)
=3978.678

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9120.737 + 278.766 + 1261.51) - (384.605 + 0 + 5454.248)
=4822.16

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Access Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2024 )
=394.607/22557.530
=1.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Access Co EBIT Related Terms

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Access Co Business Description

Traded in Other Exchanges
N/A
Address
1-10-2 Nakase, Mihama, Chiba, JPN, 261-0023
Access Co Ltd is a Japan-based company. It is a provider of software technologies to the mobile and beyond-personal computer markets. The company provides products that are browser solutions, solutions for internet appliances, digital publishing solutions, smartphone solutions, cloud solutions, and network solutions. The company offers its services to Europe, Asia, and North America market regions.

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